Palladium soars to within sight of $3,000 in record run
Palladium soars to within sight of $3,000 in record run SECTIONS Last Updated: Apr 23, 2021, 10:09 PM IST Share Synopsis Many analysts expect a further run towards $3,000 as automakers ramp up purchases of the metal, worsening a supply shortage. ETAuto Palladium jumped more than 3% to a record high of $2,925.14 per ounce, poised for a second straight weekly gain. Related Palladium extended its blistering rally to an all-time high within striking distance of $3,000 on Friday on supply concerns and bets for improving demand, while gold pulled back on strong US economic data. Palladium jumped mo...
Source: indiatimes.com